Tanger Net Debt vs Long Term Debt Analysis

SKT Stock

USD 36.67 0.24 0.66%

Tanger Factory financial indicator trend analysis is much more than just breaking down Tanger Factory Outlet prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tanger Factory Outlet is a good investment. Please check the relationship between Tanger Factory Net Debt and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tanger Factory Outlet Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have totally related.

The correlation between Tanger Factory's Net Debt and Long Term Debt is 0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Tanger Factory Outlet, assuming nothing else is changed. The correlation between historical values of Tanger Factory's Net Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Tanger Factory Outlet are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Tanger Factory's Net Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Debt

Long-term debt is a debt that Tanger Factory Outlet has held for over one year. Long-term debt appears on Tanger Factory Outlet balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tanger Factory Outlet balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Tanger Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tanger Factory Outlet current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

At this time, Tanger Factory's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas Enterprise Value Multiple is likely to drop 10.67 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	285.8M	298.7M	318.9M	208.6M
Total Revenue	426.5M	442.6M	464.4M	289.5M

Gross Profit Total Revenue

Tanger Factory fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Total Current Assets	Common Stock	Short Term Debt	Accounts Payable	Long Term Debt	Inventory	Short Term Investments
Total Assets		0.76	0.83	-0.2	0.98	-0.35	0.31	0.05	0.92	0.97	0.65	0.99	-0.2	-0.55	0.44	0.18	0.99	0.17	0.92	0.56	0.91	0.21	0.8	0.98	-0.04	0.1
Short Long Term Debt Total	0.76		0.34	-0.27	0.75	-0.55	-0.3	0.22	0.7	0.87	0.87	0.83	-0.27	-0.78	0.06	0.57	0.69	0.55	0.64	0.76	0.69	0.76	0.73	0.77	-0.24	0.08
Total Stockholder Equity	0.83	0.34		-0.05	0.77	-0.08	0.54	0.05	0.8	0.69	0.37	0.74	-0.05	-0.2	0.5	-0.03	0.85	-0.01	0.83	0.3	0.81	-0.18	0.58	0.75	0.02	0.15
Property Plant And Equipment Net	-0.2	-0.27	-0.05		-0.22	0.1	-0.22	-0.03	-0.1	-0.22	-0.17	-0.25	1.0	0.26	-0.32	-0.16	-0.17	-0.15	-0.02	-0.42	-0.05	0.07	-0.31	-0.27	-0.03	-0.13
Net Debt	0.98	0.75	0.77	-0.22		-0.3	0.34	-0.02	0.86	0.96	0.57	0.98	-0.22	-0.56	0.47	0.06	0.98	0.05	0.88	0.47	0.86	0.19	0.75	0.99	0.01	0.04
Retained Earnings	-0.35	-0.55	-0.08	0.1	-0.3		0.2	-0.16	-0.58	-0.45	-0.77	-0.4	0.1	0.15	0.17	-0.6	-0.31	-0.6	-0.44	-0.56	-0.54	-0.47	-0.6	-0.3	0.23	0.02
Non Currrent Assets Other	0.31	-0.3	0.54	-0.22	0.34	0.2		-0.35	0.19	0.12	-0.38	0.22	-0.22	0.25	0.66	-0.59	0.4	-0.56	0.24	-0.27	0.17	-0.84	0.12	0.34	0.23	0.05
Other Assets	0.05	0.22	0.05	-0.03	-0.02	-0.16	-0.35		0.14	0.07	0.38	0.05	-0.03	-0.2	-0.13	0.46	-0.03	0.36	0.07	0.44	0.15	0.34	0.07	0.0	-0.01	-0.06
Common Stock Shares Outstanding	0.92	0.7	0.8	-0.1	0.86	-0.58	0.19	0.14		0.88	0.78	0.89	-0.1	-0.36	0.32	0.33	0.89	0.33	0.97	0.61	1.0	0.28	0.77	0.84	-0.07	0.08
Non Current Liabilities Total	0.97	0.87	0.69	-0.22	0.96	-0.45	0.12	0.07	0.88		0.75	0.99	-0.22	-0.65	0.26	0.29	0.95	0.28	0.87	0.61	0.88	0.39	0.82	0.96	-0.09	0.02
Other Stockholder Equity	0.65	0.87	0.37	-0.17	0.57	-0.77	-0.38	0.38	0.78	0.75		0.69	-0.17	-0.55	-0.1	0.78	0.57	0.76	0.67	0.83	0.76	0.74	0.76	0.58	-0.28	0.08
Total Liab	0.99	0.83	0.74	-0.25	0.98	-0.4	0.22	0.05	0.89	0.99	0.69		-0.25	-0.61	0.41	0.23	0.97	0.22	0.89	0.6	0.89	0.31	0.82	0.98	-0.05	0.08
Property Plant And Equipment Gross	-0.2	-0.27	-0.05	1.0	-0.22	0.1	-0.22	-0.03	-0.1	-0.22	-0.17	-0.25		0.26	-0.32	-0.16	-0.17	-0.15	-0.02	-0.42	-0.05	0.07	-0.31	-0.27	-0.03	-0.13
Other Current Liab	-0.55	-0.78	-0.2	0.26	-0.56	0.15	0.25	-0.2	-0.36	-0.65	-0.55	-0.61	0.26		-0.05	-0.43	-0.51	-0.41	-0.31	-0.44	-0.34	-0.59	-0.45	-0.62	0.33	0.19
Total Current Liabilities	0.44	0.06	0.5	-0.32	0.47	0.17	0.66	-0.13	0.32	0.26	-0.1	0.41	-0.32	-0.05		-0.26	0.45	-0.25	0.35	0.16	0.31	-0.39	0.3	0.49	0.15	0.37
Cash	0.18	0.57	-0.03	-0.16	0.06	-0.6	-0.59	0.46	0.33	0.29	0.78	0.23	-0.16	-0.43	-0.26		0.06	0.99	0.16	0.79	0.3	0.7	0.44	0.13	-0.34	0.21
Non Current Assets Total	0.99	0.69	0.85	-0.17	0.98	-0.31	0.4	-0.03	0.89	0.95	0.57	0.97	-0.17	-0.51	0.45	0.06		0.06	0.9	0.44	0.88	0.12	0.78	0.97	-0.03	0.04
Cash And Short Term Investments	0.17	0.55	-0.01	-0.15	0.05	-0.6	-0.56	0.36	0.33	0.28	0.76	0.22	-0.15	-0.41	-0.25	0.99	0.06		0.16	0.76	0.29	0.67	0.45	0.13	-0.36	0.24
Common Stock Total Equity	0.92	0.64	0.83	-0.02	0.88	-0.44	0.24	0.07	0.97	0.87	0.67	0.89	-0.02	-0.31	0.35	0.16	0.9	0.16		0.49	0.99	0.21	0.7	0.84	0.02	0.04
Total Current Assets	0.56	0.76	0.3	-0.42	0.47	-0.56	-0.27	0.44	0.61	0.61	0.83	0.6	-0.42	-0.44	0.16	0.79	0.44	0.76	0.49		0.58	0.57	0.74	0.53	-0.15	0.48
Common Stock	0.91	0.69	0.81	-0.05	0.86	-0.54	0.17	0.15	1.0	0.88	0.76	0.89	-0.05	-0.34	0.31	0.3	0.88	0.29	0.99	0.58		0.28	0.75	0.83	-0.04	0.06
Short Term Debt	0.21	0.76	-0.18	0.07	0.19	-0.47	-0.84	0.34	0.28	0.39	0.74	0.31	0.07	-0.59	-0.39	0.7	0.12	0.67	0.21	0.57	0.28		0.31	0.21	-0.31	0.0
Accounts Payable	0.8	0.73	0.58	-0.31	0.75	-0.6	0.12	0.07	0.77	0.82	0.76	0.82	-0.31	-0.45	0.3	0.44	0.78	0.45	0.7	0.74	0.75	0.31		0.77	-0.23	0.33
Long Term Debt	0.98	0.77	0.75	-0.27	0.99	-0.3	0.34	0.0	0.84	0.96	0.58	0.98	-0.27	-0.62	0.49	0.13	0.97	0.13	0.84	0.53	0.83	0.21	0.77		-0.03	0.08
Inventory	-0.04	-0.24	0.02	-0.03	0.01	0.23	0.23	-0.01	-0.07	-0.09	-0.28	-0.05	-0.03	0.33	0.15	-0.34	-0.03	-0.36	0.02	-0.15	-0.04	-0.31	-0.23	-0.03		-0.19
Short Term Investments	0.1	0.08	0.15	-0.13	0.04	0.02	0.05	-0.06	0.08	0.02	0.08	0.08	-0.13	0.19	0.37	0.21	0.04	0.24	0.04	0.48	0.06	0.0	0.33	0.08	-0.19

Click cells to compare fundamentals

Tanger Factory Account Relationship Matchups

Tanger Factory fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.2B	2.2B	2.2B	2.3B	1.4B
Short Long Term Debt Total	2.8B	2.8B	2.5B	2.6B	1.5B	1.2B
Total Stockholder Equity	433.2M	341.4M	477.9M	491.6M	566.8M	349.7M
Net Debt	1.6B	1.6B	1.3B	1.3B	1.5B	972.3M
Retained Earnings	(317.3M)	(420.1M)	(483.4M)	(485.6M)	(490.2M)	(465.7M)
Non Currrent Assets Other	(312.8M)	(362.3M)	(411.8M)	(386.5M)	2.1B	2.2B
Other Assets	96.7M	2.0K	1.8B	58.6M	(97.3M)	(92.5M)
Common Stock Shares Outstanding	92.8M	92.6M	102.0M	105.6M	106.5M	72.2M
Liabilities And Stockholders Equity	2.3B	2.2B	2.2B	2.2B	2.3B	1.4B
Non Current Liabilities Total	1.7B	1.7B	1.6B	1.6B	1.6B	951.6M
Other Stockholder Equity	1.1B	1.2B	1.5B	1.5B	1.1B	633.3M
Total Liab	1.8B	1.8B	1.7B	1.7B	1.7B	1.0B
Total Current Liabilities	79.6M	88.3M	93.0M	104.7M	129.4M	138.3M
Cash	16.7M	84.8M	161.3M	212.1M	12.8M	25.3M
Non Current Assets Total	2.2B	2.0B	1.9B	2.0B	2.3B	1.5B
Cash And Short Term Investments	16.7M	84.8M	161.3M	264.6M	22.0M	28.1M
Common Stock Total Equity	946K	939K	929K	936K	1.1M	562.8K
Total Current Assets	120.3M	190.1M	265.8M	264.6M	119.3M	72.9M
Accumulated Other Comprehensive Income	(25.5M)	(26.6M)	(17.8M)	(11.0M)	(23.5M)	(24.7M)
Common Stock	929K	936K	1.0M	1.0M	1.1M	627.2K
Short Term Debt	1.2B	1.2B	1.1B	1.1B	10.9M	10.4M
Accounts Payable	79.6M	88.3M	93.0M	104.7M	118.5M	65.1M
Long Term Debt	1.6B	1.6B	1.4B	1.4B	1.4B	1.1B
Other Current Assets	(78.3M)	(150.6M)	(214.6M)	(324.3M)	(22.0M)	(20.9M)
Other Liab	87.1M	84.4M	78.7M	83.0M	95.4M	59.4M
Intangible Assets	11.3M	(3.9M)	(16.5M)	(30.5M)	91.3M	95.8M
Property Plant Equipment	100M	1.8B	1.7B	1.7B	2.0B	1.3B
Net Tangible Assets	100M	(90.1M)	404.2M	433.1M	389.8M	237.6M
Net Receivables	61.6M	65.8M	53.3M	59.7M	48.9M	57.3M
Long Term Investments	94.7M	94.6M	82.6M	73.8M	71.9M	93.6M
Long Term Debt Total	1.6B	1.6B	1.4B	1.4B	1.3B	1.3B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Tanger Stock Analysis

When running Tanger Factory's price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC